Why stop loss is important

TWO LEGGED PULLBACK

A two-legged pullback to the 20-period exponential moving average is a 😳 high probability trade entry set up inside a strong uptrend for buying a dip in price action. What??? It can also be a short selling opportunity on a rally back to the 20-EMA during a downtrend in price action. Any candle that goes higher than the previous candle begins a new leg up in price. Makes sense? Any candle that goes lower than the previous candle begins a new leg down in price. Trading rules for the two-legged pullback to the 20-EMA Dip buy signal · Strong uptrend · Two-legged pullback down to the 20-EMA · Enter at the close of the candle that bounced back from the 20-EMA Easy, right? And what about the short signal? Short sell setup signal · Strong downtrend · ...

7 Bad Financial Habits to Avoid + 6 Bonus Saving Tips

1. Biting off more than you can chew : 2. Spending more than you earn is one of the most damaging financial habits. Getting debts and massive credit card bills will become a routine for you. In such situations, planning investment will be a farfetched dream. 3. Bad Credit score: 4. Not paying bills on time is very bad for your credit score. Late payments of bills like water, electricity, or other monthly bills, marks you negatively. This habit can backfire if you apply for a home or business loan in the future. 5. Credit card as free money: 6. If your credit card bills and overdraft in banks are enormous, you won’t save from your salary. All your money will flow in paying debts and regular monthly expenses. Avoid this scenario as much as you can. 7. ...

Why Bad Traders Quit

Why Bad Traders Quit ❌ They don’t have a real edge. ❌ They chase a 100% win system. ❌ They lack consistent practice. ❌ They expect to become millionaires in 1 month. ❌ They’re slaves to their emotions. ❌ They go all-in on one trade. ❌ They fear failure more than they trust the process. Trading success requires patience, discipline, and a long-term mindset. 💡

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